Key stats
About Global X Alternative Income ETF
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Inception date
Jul 13, 2015
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Global X Management Co. LLC
Distributor
SEI Investments Distribution Co.
ALTY takes a broad, multi-asset approach in its quest for income. The portfolio breaks down into five buckets: infrastructure (MLPs, infrastructure-themed equities), and ETFs with exposure to real estate (via SRET), preferreds (via PFFD), emerging market bonds (via EMBD) and covered calls (via QYLD). The infrastructure bucket has 16 companies, 8 representing MLPs and 8 for US infrastructure. They are selected for high trailing dividend yield and low trailing volatility. The index caps each asset class at 20%, and then within each asset class the constituents are equally weighted. The index is reconstituted annually, but may rebalance quarterly if the weight of any buckets deviates more than 3% from its target. Prior to Sep 28, 2021, ALTY was known as the Global X SuperDividend Alternatives ETF, its previous strategy focused dividends in the selection process and weighted for equal risk contribution based on trailing volatility.
Classification
What's in the fund
Exposure type
Industrial Services
ETF
Stocks22.51%
Industrial Services10.61%
Utilities6.89%
Miscellaneous2.26%
Energy Minerals1.37%
Distribution Services1.37%
Bonds, Cash & Other77.49%
ETF77.27%
Cash0.22%
Top 10 holdings
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
ALTY trades at 11.48 USD today, its price has risen 0.19% in the past 24 hours. Track more dynamics on ALTY price chart.
ALTY net asset value is 11.47 today — it's risen 1.18% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
ALTY assets under management is 33.41 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
ALTY price has risen by 0.17% over the last month, and its yearly performance shows a 1.68% increase. See more dynamics on ALTY price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.18% over the last month, showed a −2.81% decrease in three-month performance and has increased by 10.81% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.18% over the last month, showed a −2.81% decrease in three-month performance and has increased by 10.81% in a year.
ALTY fund flows account for −852.09 K USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
ALTY invests in funds. See more details in our Analysis section.
ALTY expense ratio is 0.50%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, ALTY isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, ALTY technical analysis shows the buy rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ALTY shows the sell signal. See more of ALTY technicals for a more comprehensive analysis.
Today, ALTY technical analysis shows the buy rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ALTY shows the sell signal. See more of ALTY technicals for a more comprehensive analysis.
Yes, ALTY pays dividends to its holders with the dividend yield of 7.41%.
ALTY trades at a premium (0.09%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
ALTY shares are issued by Mirae Asset Global Investments Co., Ltd.
ALTY follows the Indxx SuperDividend Alternatives Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jul 13, 2015.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.